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Provide a list of at least three group decision-making techniques and another list of at least three group decision-making tools. These may include brainstorming, nominal group techniques, and Delphi examples. compare two techniques or two tools. Provide explanations of how they work and how they are used, as well as their advantages and disadvantages. Provide web links for colleagues to use to get additional information about the techniques and tools.
Determine algebraically the equilibrium price and quantity. The market demand and supply function for pizza in Oldtown were:
A lottery game has balls numbered 1 through 19. What is the probability of selecting an even numbered ball or a 9.
A local radio morning man said the following when Vancouver housing prices fell by 20% in the fall of 2008: “Sure the price of housing is falling, but we know that this causes an increase in demand for housing. When the demand increases, this will le..
Explain each requirement in terms of the needs of the business you have chosen to work with.
Suppose that Iggi and Kurt begin trading ice cream and waffle cones with each other. Illustrate what can be said about the trade patterns between Iggi and Kurt.
How many hours of television viewing must a household have in order to be in the top 5% of all television viewing households (to 2 decimals)?
Consider the following firm with the production function Q=F(L)=2L^1/2. L=labor. Wage w=12. A fixed cost is FC=500(sunk cost). Derive the short run cost function. Graph this function using excel.
The manager of a local monopoly estimates that the elasticity of demand for its product is constant and equal to –3. The firm’s marginal cost is constant at $20 per unit. a. Express the firm’s marginal revenue as a function of its price. Instruction:..
PC-World is a U.S. manufacturer of personal computers. The CEO is looking at opportunities for off-shore production. The selection of the country where PC-World will establish a production facility will depend on the following two factors: 1. The loc..
As a member of the Board of Directors of General Motors Corporation, you are continually concerned about the level of productivity of the company’s work force. What can management do to create enhanced productivity levels in order to maintain a profi..
Conclude by choosing a position for or against ethnicity-based jury nullification and defend your decision.
Applying the basic concepts of Microeconomics (Opportunity Cost, decisions made at the margin, agents respond to incentives). Discuss the individuals response to the presence of government provided unemployment insurance. i.e. will the worker take mo..
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